Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments (Tables)

v3.22.1
Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2022
Text Block [Abstract]  
Summary of fair value hierarchy of Company's financial assets and financial liabilities
The following table summarizes the fair value hierarchy for the Company’s financial assets and financial liabilities that are
re-measured
at their fair values periodically:
 
 
  
March 31, 2022
 
  
December 31, 2021
 
 
  
Level 1
 
  
Level 2
 
  
Level 3
 
  
Total
 
  
Level 1
 
  
Level 2
 
  
Level 3
 
  
Total
 
Financial Assets
                                                                       
Long term investments—other
1
   $  454      $ —        $ —       
$
 454
 
   $  568      $ —        $ —       
$
 568
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Financial Liabilities
                                                                       
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Derivative liabilities    $ —        $ —        $ 4     
$
4
 
   $ —        $ —        $ 16     
$
16
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
 
Summary of changes in level one finnacial assets
The following table summarizes the changes in Level 1 financial assets:
 
 
  
Financial Assets
 
Balance as of December 31, 2021
  
$
568
 
Revaluations on Level 1 instruments
     (114
    
 
 
 
Balance as of March 31, 2022
  
$
454
 
    
 
 
 
Summary of changes in level three financial assets and liabilities
The following table summarizes the changes in Level 3 financial assets and liabilities:
 
 
  
Derivative Liabilities
 
Balance as of December 31, 2021
  
$
16
 
Revaluations on Level 3 instruments
     (12
    
 
 
 
Balance as of March 31, 2022
  
$
4
 
    
 
 
 
Summary of long-term debt instruments at their carrying value and fair value
The following table summarizes the Company’s long-term debt instruments (Note 5) at their carrying value and fair value:
 
 
  
March 31, 2022
 
  
December 31, 2021
 
 
  
Carrying Value
 
  
Fair Value
 
  
Carrying Value
 
  
Fair Value
 
Unsecured Debentures
   $ 57,744      $ 67,566      $ 57,171      $ 64,596  
Secured Notes
     135,862        184,119        134,902        176,487  
Other
     1,292        1,021        1,307        1,021  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total
  
$
194,898
 
  
$
252,706
 
  
$
193,380
 
  
$
242,104